completed the lake placid iron man on sunday. he is a stud! >> valero. reverse last week. great quarter. get you done. >> all right. thank you. i'm sarah eisen. ivan. "mad money" with jim cramer begins now. my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to make you some money. my job is not just to entertain you but educate and teach you. call me 1-800-374-cnbc. tweet me @jimcramer. if i had to sum up today in two words, good enough. dow dipped 19 eped 1d points.

nasdaq advanced .2%. good enough is the theme for the day. why not start with the ultimate good enough? let's start with apple. they reported a number that showed a 15% revenue decline yet the stock is flying in after hours. how in the heck can it decline like that be bullish? simple. because there were many, many worries going into the quarter. even among the bulls that it would be worse, maybe far worse than that. nope, it was good enough. better than we thought three months ago. and frankly could have been more than good enough. tim cook told us. if apple hadn't been supply constrained on its iphone selling almost only 40 .4 million when it could have been many more than that. plus that service revenue stream that i talk about all the time just keeps growing. cook said it will be the size of a fortune 100 company by this time next year. when we asked him if that meant $28 billion, the value of the smallest company on the austere

list, he told us, no, it would be more than that. i stand by my call to own apple, not trade it. how much money was lost trading this time? i think this quarter could very well mark the bottom of the cycle. good enough for certain. how about some more good enoughs? i got three. texas instruments. united technologies. dupo dupont. all three companies delivered 2% growth. 2% growth, and they liked it, huh? yeah, this market lapped up 2% growth because in a world of slow to no growth, 2% is, well, good enough. texas instruments rallied $5.20. united technologies advanced 2.34%. dupont only managed to gain 28 cents. it was a not so hot day. greg lhayes, ceo of united technology, pretty much said it himself this morning "squawk on the street" how the stock reacted so positively to that kind of growth. said look, in this kind of market, it's good enough. why not?

better than 3m, better than honeywell, general electric. how do they do it? execution and innovation. some regard the execution as meaning closing the carrier plant in indiana and moving the work to mexico. something that donald trump, the anointed republican nominee, has highlighted endlessly as one of the problems of free trade. i thought hayes acquitted himself well in defense of the move. had to be done for united technologies to generate the kind of outstanding cash flow that allows you to raise numbers in this environment. innovation, you know, we don't often talk about innovation in aerospace anymore. lot like we're putting, you know, planes going to europe in, like, an hour. united technologies has an engine called the gear turbo fan taking the industry by storm. saves 15% on jet fuel. principle cost for airlines. i mentioned this because without innovation, cost cutting, companies can't get the profitable growth this market demands to send the stocks higher. texas instruments, now the market is gaga for 2% growth.

why? texas instruments is growing within the internet of things. not just the cell phone. cell phone being some -- even verizon seems to want to distance itself praising its yahoo! acquisition as the key to its mobile media strategy because the growth fell short of expectations. don't worry about verizon. got a terrific yield, of course. gets bigger as the stock goes lower. for texas instruments, it's the automobile that the semiconductor stock is flying for. it's not necessarily the sheer number of autos being built. it's all the gismos in the car. gismos powered by texas instruments or punitive takeover candidate mxp semiconductors. it doesn't hurt at all this market has got consolidation talk written all over it. it's rife in the semis. just this afternoon, we learned that analog devices, adi, is going to be buying fellow integrated circuit maker linear tech for 60 bucks. good luck trying t ining to get way. that's a huge premium. linear and analog soared on the news.

the inquier, that's good news. if you get the acquirer stock up, imagine how everybody else wants to do inquiring. as well as an amd. wow. micron. it just put in a poison pill, something that attracted a lot of speculation. correctly. after softbank's huge bid for british semiconductor, arm holdhol holdings, there could be more deals lurking. this is amazing. what is qualcomm going to do? why does nvidia keep going higher? how about dupont, the 2% grower i talked about off the top. why is wall street loving dupont's 2%? simple. the chatter is the company would have no growth at all if it were still run by ellen coleman, ceo before ed breen replaced here. dupont has amazing growth people almost gave up on especially

agriculture. how? same as united tech and texas instrument. better seeds which leads to more market share and better sales. i keep salivating over what will happen after the dow and dupont merger finishes. remember, they just voted on it. going to be creating the world's largest seed company. it's the rest of the businesses, industrial businesses better than dupont. i guess dupont did have all the fat that nelson peltz said there was during his failed proxy fight to join the board and engage shareholder who got this one right. some can miss numbers and still be rewarded. las vegas sans failed to beat the estimates. no one cared because ceo sheldon addelson gave us some hope. he said, i quote, "the operating environment and macau remained

challenged in quarter but we do see signs of stabilization particularly in the mass market. "the first year on year monthly gaming growth we've experienced in two years. boom. you get almost a 6 % rally in the stock.you get almost a 6 % the stock.. you get almost a 6 % rally in the stock. same glimmer of hope in caterpillar. its stock rallied $4. simply because in this, the fourth year of its decline, the company had right sized to profit big-time. now, of course, if things simply stop going down, they will make a ton of money. plus a whole bunch of product lines. the stock sunk on the news initially, but when close cat followers heard talk of a bottom in several of the businesses, well, they said good enough. all right. let me give you the flip side. what wasn't good enough. mickey d's, mcdonald's failed to hit the 2% benchmark. stock got slaughter, down more than 4%. the company's 1.8% domestic same-stores sale gain was light versus the 3% number that wall street expected.

to be fair, the stock had run up into the quarter. on the possibility of big numbers out of japan because of a pokemon go tie-up. alas, that didn't happen this quarter. critics are yapping about how ceo steve easterbrook has to do more than offer all-day breakfast. give him a break. the whole restaurant business downgraded day i think -- posit note about nordstrom. they were oversold. restaurants got overbought. of course, heaven forbid if you actually make a huge amount of money like giliad, the company has more than quadrupled the revenue from just six years ago. management forecast that their huge hepatitis c franchise might be peaking because it already cured so many people. it's not a maintenance drug with the patients are hooked for life. it's an actual cure. it's regarded as all downhill from here. poor giliad. they did their job too well and the stock got crushed. oh, yes, we're talking about not

good enough, can we leave out twitter? i mean, twitter delivered what look to be pretty good earnings. but its forecast was terrible. so put that one in the distinctly not good enough category. and it is time for ceo jack dorsey after the close report to make a choice, pick twitt eter square, the other company he's ceo of. to be ce, o of two troubled enltties, one or the other, please, jack, not both, the credit troubled square and the growth hobbled twitter which is cascading in after hours. here's the bottom line. one thing's for sure. there are more companies that are reporting in line and therefore, disa pointing right now numbers than there are necessarily good enough hence the suboptimal overall performance of the average this week, oh, it doesn't help there's a fed meeting going on. we'll hear tomorrow whether good enough for some is too good for all and a rate height might be in the works. let's say this. at this moment, good enough counts as a triumph in a pretty tough environment.

larry in massachusetts. larry? >> caller: boo-yah to the blue team. i smile and i identify every time you announce you've done something with your millennial daughters. >> yes, indeed. blue's the smart team, by the way. yellow, that sprint -- that's just a coincidence. go ahead. >> caller: with pokemon go having provided your weekend exercise, would you recommend a derivative arms dealer play like nvidia to take advantage of the fad rather than the nintendo -- >> listen to me, nvidia is the great graphics chip company of our time. if only intel had bought them. by the way, amd's got great graphic chips, too. nobody's got the fast chips that nvidia had, a stock we have liked since we sat down with the people from audi and realized that that was powering a lot of the internet of things that's in one of those great cars. jeff in new jersey. jeff? >> caller: mr. cramer. my question is on firebuy, with all the hacking going on and the stock prices down almost 75%

within one year, wouldn't this be, like, a takeout play in your opinion? >> geez, you know, we have to recommend stocks on a takeout basis when we don't think the fundamentals are that good. as i learned on "halftime" my own friend, stephanie, and other great people, this group is oversold. you can speculate in fireeye. we prefer cyberark on a fundamental basis. all right. good enough. that's not all that great. it's not enough too keep us in the green. however, good enough did keep apple going. the ipo that more than doubled in 2016. it's a digital upstart trying to transform the communications industry. i'll get you properly produced to the stock. plus, wall street's all about numbers, right? well, tonight i'll tell you why the whole stock market could be hanging on two letters. and janet yellen and the friends kicked off their two day fmoc meeting today. is now the time to turn to regional banks? i'll get you some key insight. stay with cramer.

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we've exploded in growth and quite honestly we're becoming much for valuable than some of the competitors who may want to buy. >> the world is moving online. and one company is bringing users to their content. rapidly and seamlessly. on a mission to unlock the potential of technology. >> here's an understatement. this has not been a great year for initial public offerings. after a slew of ipos in 2014 and 20 15, we had 48 deals so far in 2016. that's down from 121 deals last year during the same period.

despite the downturn in the overall ipo market, we nevertheless had a few success stories. remember tulio, cloud based platform i liked so much, i recommended tulio a month ago after it surged 80% in the few days since it had become public. part of me felt like i was doing something crazy. another part of me had a deep conviction the stock deserved to go a lot higher. sure enough, twilio is up 50% since i told you to buy it. there's another fresh faced ipo from the class of 2015 performing like twilio. acia for you home gamers. here's a stock that became public in mid-may at 23 bucks a share, opened at $29 first day of trading. that's up 160% from its ipo price. this incredible move has caught my attention. i've been waiting forever for it to cool off so i can talk about

it on "mad money." maybe it will now, of course, that i'm mentioning it. i want you it take notice of this beast. it may be the stock to buy on the next tech pullback if we get one. what is acacia communications? one more supplier of parts for the optical network space. a company whose products are replied upon by cloud infrastructure operators, internet service providers. they make interconnect modules that are integral parts of the internet's physical infrastructure. it takes digital signals from network equipment and converts them into optical signals so they can be transmitted through fiberoptic cable then on the other end turn the optical signal back into a digital one that, say, a computer can understand. but i do not want to lump this company in with other commodity optical equipment players like sienna or thinesar. why? simple.

acia's stock is not those companies. it is disrupting the market. in which it operates by selling low power silicone-based products that provide better performance at a lower price point than their competitors. it's not just acia built a better mouse trap. company gives you tremendous exposure to some of the hottest areas in the optical networking space like the robust metro market. meaning citywide networks that need to provide a lot of bandwidth without consuming too much power and the rapidly growing data center interconnect market meaning private networks that use high-speed optical equipment to tie a bunch of different tate data centers tog. this data center interconnect business is projected to expand from a $400 million market in 2014 to a $4 billion market in 2019, a tenfold increase in five years. this combination of acia's proprietary advantage with fast growing end markets is producing

some spectacular numbers. ones that really blew me away. okay. for instance, the revenue growth came in at this company 63% in 2015. in then accelerated climbing to nearly 79 % in the first quarter of 2016. there's only a handful of publicly traded companies that grow faster. gross margins here, what they kept after the cost, it's been rising by leaps and bounds up 320 basis points year over year in 2015, followed by a monster 680 basis point increase in most recent quarter bringing the company's gross margins up to 48.9%, unheard of. that's why acia's earnings per share tripled in 2015 and increased by even more than that year over year in the first quarter of 2016. we're going to get the second-quarter results in two weeks. the growth rate should be fast enough to justify what seems to be a truly sky-high valuation. so there's no wonder acia's been

on fire. it's an ipo that's actually profitable. not only that, the company has pristine balance sheet, no debt. $130 million in cash due to proceeds from the yield. nobody is talk about this thing. still, when you're dealing with this kind of high flying, small cap stock, let's go over the risks before you start speculating blindly. for example, acia currently gets more than 80% of its sales from its top five customers. that's a huge level of concentration. any one of these major investors stumbles or drops acia, it's going to get hit hard. on top of that, their largest customer, zte, is a chinese telecommunications company. the optical buildup in china is going strong. we've seen that kind of stop and start out of china. make no mistake, acia's usually dependent on the people's republic. zte, alone, accounted for 46% of the seams in tales in the first. they've gotten in trouble in the

past with shady dealings with iran. i point that out. the bull thesis is acia will start to attract larger more important networking customers diversifying that customer base. customers like cisco going forward. which would alleviate these fares. until that happens, on guard. luge chunks of revenue coming at once followed by smaller revenues. periods of ups and periods of down. yesterday we learned they're sold out of products the chinese are desperate for. final worry, matrix, and commonwealth capital ventures earn part of the company. once the firms start to take profit, you know they're going to get unlocked one day, you know that's going to dampen the rally in the stock. so, what do the analysts say about acia given its remarkable run? when the quiet period ended in

june -- bank of america, $44 price target, deutsche bank, $50. price target. at the same time, the stock is trading in the low to mid 30s. since then the stock surged to 64. despite the act of any earnings information, many analysts have raised their estimates and price targets along with it. yesterday we got something that did make me cringe. needham raised their price target to $65, predicting acia will report a strong quarter in a couple weeks. we know we're going into an upgrade cycle for optical equipment. those guys think it's going it be a super cycle two to three times bigger than the next upspring. it's possible needham is right. they have very good reasons. i hate it when analysts start calling for a super cycle because we're closer to the top or bottom h. short, the exp pepectations hav gotten pretty darn high.

this stock trades at $25, next year's earnings estimates. that's way too low. it may seem pricey versus the competition given that momentum, the next most expensive player in the group sells at 18 times earnings. acia's earnings growth is in the triple digits. here's the bottom line, i hate when expectations get ahead of the cycle. acia communications, the ipo never should have been priced so low in the first place considering the company's remarkable growth. we don't chase on "mad money," you know that. if you can buy acia in a pullback -- again, please, only for nose those willing to accept the risk and hopefully get the reward from speculating. more to come on "mad money."

the "u" or the "v"? it's the question everyone's asking about oil. i'll give you my take on what's ahead for crude and the best way to play it. then cleveland has been on a role for its first championship in more than 50 years to making it out of the rnc safe and sound. you can't say the same for the performance of cleveland based keycorps. stock suffering after earnings. skpould could a turnaround happen in the back half of the year? and a drug company who has found its in the middle of the debate. stay with cramer.

will oil rebound rapidly? will it come back more slowly in a "u"? or is it just going nowhere for the time being? this is the conversation people are having about oil right now.

those predicting what will happen with oil have grav tas. i'm going with a modified "u." the scientist of oil service came on our show and said there's going to be a v-shaped recovery, a monster comeback that will see crude moving almost 50% higher by year's end. saying the oil well depletions are being ignored, supply side isn't nearly as awash as many people think. it knows whereof it speaks about these issues. morgan stanley in a piece today called "the forgotten barrels" sees oil all over place, it's a thorough rigorous body of work that reveals how deep the glut really is and predicts an ultimate decline in production that will push prices up eventually but says and i quote "the oil markets appear week until mid 2017." this view does seem to be the prevailing one hence decline from $50 to $42 we experienced

of late including four straight down days. crude becomes one of the weakest commodities in the whole universe. then there's schlumberger. rather than do more characterizing, let me cut to what paul, the, i have to say, brilliant chairman and ceo of schlumberger told us, we're seven quarters in the most severe downturn in record, saw oil prices tumbling to $27 in january. he continues, since then we've seen a slow but steady increase in oil prices as market data continues to show a tightening of the supply and demand balance and with the outlook clearly suggesting these trends will further accelerate going forward, end quote. why so bullish? assuming current demand trends, schlumberger's kibsgaard says, i quote, we're headed toward a significant global supply deficit as the exploration and

production spend rate is now down by more than 50%, end quote, and the non-opec production numbers are now, quote, set to drop by 900,000 barrels per day by next year. end quote. kibsgaard gives that, assumption of a steady demand. perhaps if there is no steady zee demand, he'll be wrong. i see no reason why he will be wrong. okay, venezuela is falling off the cliff, but china, u.s. remains strong consumers of oil. europe is fine. more important, i believe it's a sucker's game to bet against schlumberger. as much as morgan stanley has clearly investigated all the nooks and crannies of oil, finding barrels where we thought there weren't any, there's nothing in its report i believe schlumberger wouldn't know about. schlumberger has huge street cco here. schlumberger, however, was the first to see the length and depth of decline. it ratcheted back early on as if there was this going to be the once in a century year oil

storm. you know what, that's exactly what it turned out to be. nobody else was ahead of this game. the firings, downsizing. that's allowed schlumberger to make fortunes even at these prices in that last quarter. the company has been negative until now. why take the other side of the trade? given that their view -- given their view, what would you do? here's my suggestion. this is the bottom line. we don't trade oil around here. my charitable trust, follow along at actionalertsplus.com, has been buying none other than schlumberg schlumberger, itself. i think that's the right call. as much as i respect the other sources, to me, oil's bottoming once again. you can buy schlumberger for the accelerating recovery that the best service company on earth now says is finally upon us. doug in virginia. doug? >> caller: hey, jim, thanks for taking my call. >> of course. >> caller: i'm calling about conocophillips that was mentioned in your book "real money." what has happened since then,

namely the spinoff of phillips 66 and the price of crude oil, of course, went south. >> right. >> caller: that resulted in them cutting their dividend by just over 65%. do you recommend buy, sell or hold? >> i'm not as big a conoco fan. i like the integrateds more. the splitoff -- it's funny, scott wapner's show, "halftime" and joe really likes psx, the best of the refinders. you know what, i'm going to pass on that. my charitable trust owns occidental, has a higher yield and more coverage and didn't cut its yield. i think that's a better play. let's tgo to carlos in texas. carlos. >> caller: carlos, jim. appreciate your advice and opinion. >> uh-huh. >> caller: my stock is caterpillar. i invested long term, and cat is one of my holdings which as you know did very well today, but with the report on earnings that were just released coupled with the strong dollar and the decline in global sales, what is your long-term view on cat? >> okay. i really like the conference call. i think a lot of people got

caterpillar wrong. this is a quarter where they clearly said things have bottomed in a lot of their businesses. their raw costs have gone down. this is the fourth year of the decline. they got it totally under control and i think the stock went up basically because we're at the bottom. and things, frankly, cannot get worse. caterpillar, i like it. are you a "u" or "v"? i see a longer road for the oil to recover. i think schlumberger is really the only way to play it. still more "mad money" ahead including the outlook for financials from regional bank keycorp, key. can these bank laggers turn to leaders? and the center of the war against opiod addiction. i'm talking to the ceo. and electric fast fire edition of the "lightning round" so stay with cramer. i asked my dentist if an electric toothbrush was

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we've seen some incredibly good performance this earnings season out of the big money center bank s particularly jp morgan. what about the regional banks? this morning we got results from keycorp, participaent of keyban. inline earnings on slightly weaker than expected revenue. put up stronger than anticipated loan growth at 5.5%. response to the news muted, stock lost 7 cents, closed at $11.6 1. i thought there are positives buried in the quarter. got to look for them, though. for example, key expect to resume their buyback program once they finalize the recent acquisition of first niagara and boosted its dividend by 13% during the last quarter. it's got a yield nearly 3%. that's a heck of a lot bet than

treasuries. so it's at a nice discount. let's take a closer look with beth mooney, chairman and ceo of keycorp. welcome back to "mad money." >> thanks, jim. good to be back. >> beth, i feel like that ten days from now, we're going to be talking about an entirely different bank, you're going to finalize the first niagara. tell our viewers what the new company will look like, how big it's going to be, and how much savings you can wrings out of these acquisition once you get through it. >> jim, we're really excited, we are, indeed. august 1st is our closing date for the acquisition of first niagara, it will be a 40% increase in the size of our bank and become the 13th largest bank in the united states headquartered right here in cleveland, ohio, and it is going to be a solid return for our shareholders. we're looking for expense savings of at least $400 million. earnings accretion of 5%. a solid return on invested capital. and a nice boost in our return on common equity as well as a significant improvement in our

initiatesy ratio. all around, i think it's going to be good for clients, good for communities and good for shareholders. >> a lot of people focus on net interest margin. yours was depressed speaks leek when i read through the conference call, it was tee pressed in large part because the fact you couldn't do what you'd like to because of the merg merger. is it possible that could go up in your next quarter once the merger's done? >> it is true that banks saw some level of margin pressure with the lowest, longer interest rate environment, but you're right, ours was largely driven by excess liquidity as we get ready for the first niagara merger. so perspectively, some of those pressures will abate and we will see some improvement in margin as we go through the year. >> where's your loan growth coming from? it's stronger than the regional banks i talked to we. >> had strong loan growth of 5.5%. it was broad based. it was across our geographies and we had particularly strong

growth in the upper end of the middle market. so what we see is companies are still willing to borrow, although they're cautious, expanding through acquisition, willing to undertake financing. we don't see a lot of spending for capital investment. we see strong loan growth and we're taking share. >> there's been so long that there have been a lot of acquisitions. the big guys are frankly maxed out. they can't. people forget one of the principle ways banks used to grow is acquires and taking out costs. it's been so long since we've seen mergers. talk about how that comes about. that's a gigantic sum. >> in this slow growth, low interest rate environment, the ability for two company to come together, consolidate and lower their expense base really creates meaningful growth as you said, and for us, some huge piece of this will be an outsourced environment on the side of first niagara where they

outsource their technology and operations. we'll insource all that. leverage it at a cost savings to us. we will lower occupancy costs because we have a lot of dupe duplicative branches. what we she is a real meaningful and solid path to deliver cost synergies that are the core to the value proposition of how we've announced this transaction. >> bank of america has caught us you can start closing branches because of technology. you spent a lot of money on technology, mobile technology. what point can you say, you know what, we don't need this bricks and mortar, we can do it efficiently, and save a lot of money for shareholders? >> we've been closing 2%, 3% of our branches the past year. we brought down our total branch count by about 10% and in early days what we've done is we're closing the 100 branches that are approximaproximate to each . as consumer and businesses have

a preference for mobile and online, you can do with less branch density than we've had in the past and still serve your customers and we're rolling out just this quarter an enhanced digital experience across our consumer businesses and our wealth clients because it's a preference on how they want to do business with us. >> all right. one of the things i thought was great in the conference call, you talked about an actual workforce that's cheap, smart and good in western new york. i'm not there. most of our viewers aren't there. what do you mean by that? just a available pool of talent of well-educated people you can put to work? >> in many mergers, what typically happens is the former headquarter city often has a significant reduction in employment. what we've been able to do since this, again, is a largely outsourced environment on their part, we've looked and said there is a very strong headquarters workforce there and we're picking up some new businesses to key. residential mortgage lender from origination to servicing, an indirect auto business. what we're going to do is

leverage that and make that the headquarters for those businesses for our entire franchise. we're going to be able to take advantage of the real talented workforce there and grow with them as we leverage these businesses across our franchise and take some of our work that's outsourced and bring it back on shore and do tout of buffalo, new york, because like you say, it's a real talented, low cost effective workforce. we're pleased and proud to do so. >> last question, i know the natural gas market in ohio has been very, very strong. i know it's been a stress business for both suppliers and school operators. how are you positioned and are you okay in terms of provisioning for oil and gas, potential losses? >> you know, first quarter was when the banks really had, took a long look at their oil and gas books and including their natural gas book and we built our provision to 8% against our oil and gas loans in the first quarter. we feel we're well positioned and as you know, prices are rebounding in the second quarter and many of our customers have had access to lots of different parts of capital between equity

offering, subdebt and are weathering this pretty well. we feel good about our exposure in that industry and it's it's coming back. >> thank you so much, beth moon ey. good to see you. >> thanks for having us on today. >> when this deal closes it bill with one of the cheapest stocks i follow. i really like it very, very much. "mad money" is back after the break.

>> announcer: lightning round is sponsored by td ameritrade. >> it is time. it is time for the lightning round. you say the name of the stock. >> buy, buy, buy, sell, sell, sell. >> i don't know the calls or the name of the stock ahead of time. then the lightning round is over. are you ready, skee-daddy? start with steve in georgia. steve? >> caller: boo-yah, jim. >> boo-yah. >> caller: my stock is mtw, crane company. >> yeah, you know, i got to tell you after listening to that caterpillar conference call today, i kind of feel little bit emboldened, might actually get a bit of a pop in mtw. speculation only. a $5 stock i like. mike in maryland. mike? >> caller: hey, jim, should i buy more skechers?

>> you know, we got to have one -- got to figure out what wh went on with that quarter. it's premature for me to bless that. paul in california. paul? >> caller: love the show, jim. as a recent verizon retiree, what are your thoughts regarding frontier communications? >> i think it's fine. it's kind of like a bond. you know what, i like a little growth, too. verizon getting hit off the numbers today. i like that one. i like at&t. don't give as much yield but growth. how about kevin in indiana, kevin? >> caller: hi there, jim. boo-yah. ltc properties, please. >> been red hot. in that area, you know i favor ventos, who we're going to go with, stick with who made us all that money. mark in virginia. mark? >> caller: how are you, jim? >> i am good, how about you? >> caller: i'm doing well, thanks for taking my call. i wanted to ask you about peer storage. >> oh, geez, yeah. >> reporter: flash enterprise. i met with them. i think it's an interesting company, but you know what, there's so much good stuff

happening in that space in terms of all sorts of technology. i actually would refer you to be, if you're going it be in enterprise storage solution, i think you should go with hpe. i think that's the best bet. let's go to eddie in north carolina. eddie? >> caller: boo-yah, jim. greetings from the outer bank. what's your take on u.s. bank corp? >> u.s. bank cor is okay. need a fed rate hike in order to make that one go. i don't want to sit here and wait for it. that, ladies and gentlemen, is the conclusion of the lightning round. >> the lightning round is sponsored by td ameritrade. for whenever anything happens in the market. kid's a natural. but thinkorswim already lets you create custom alerts for all the things that are important to you. shhh. alerts on anything at all? not only that, you can act on that opportunity with just one tap right from the alert. wow, i guess we don't need the kid anymore.

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has apple begun to get its groove back? seems that way. the company specializes in delivering drug delivery technology, mental illness, addiction, diabetes, multiple sclerosis. alchemy, stock rising steadily year after year after year, frisk 35% gain in 2015. 2016, seems like the wheel came off. stock plunged from $79d the end of december down to $29 in its mid-february rows. alkermes announced its most hoped for depression drug failed to meet the points in clinical trials. alkermes has come roaring back,

back up to $51 as of today. the company recently released a new antipsychotic drug, arastata, long acting version of abilify, makes it easier for people with schizophrenia to stay on their meds. we've seen growth in vivatrol, once monthly injection, helps prevent recovering alcoholics and opioid addicts from relapsing. president obama signed the comp hencive addiction and recovery act which could expand the market for vivitrol, making it available at 6,500 rehab centers that didn't previously offer this drug. the company has intriguing products in its pipeline, including a depression drug that flamed out in january, but trying to get back on track of presenting data, a couplee iing month. i think it's worth checking in with richard pops, chairman, ceo

of alkermes. welcome back to "mad money." richard, we missed -- it was a tough period for the company. i want to talk about this opioid situation because as long as you have been on the show, you have told us that this crisis was coming. the whole time. >> that's right. >> it's happened. what can be done? >> you know, it's gratifying in one sense and horrifying in another sense. this epidemic is not going away in country. in fact, it's getting worse. prescription opioids are leading to the use of heroin and the number of heroin deaths and the fact it's affecting and ravaging communities across america is self-evident. what's important about this comprehensive addiction recovery bill the president signed, it shows for the first time the country mobilizing to do something about this. >> it's been somewhat out of the news. is it because -- the numbers are horrendous. it's just that people don't aggregate it? i want you to give our viewers a

sense of how many and what vivitrol could do. >> so right now, millions of people are addicted to opioids. >> unless. >> millions. in the old days, 20 years ago when you talked about opioid addiction in men, inner city, some place nobody paid attention to. now it's millions of people. goes all the way into affluent high schools in suburban america, through the inner city. through america. it's pervasive. when you talk to governors and politicians of all types, when they hear from communities, go to town halls, they hear about the opioid epidemic. >> we don't want to give people the impression that necessarily vivitrol is going to be a huge drug for alkemers but if all these sente ersebt centers unde what it can twdo, it could be a huge drug. >> vivitrol was always considered to be a tiny drug for

alkermers but it saves people's lives. what's amazing, there's only two drugs in america to treat this disease. two maintain a physical dependence on the opioid. then there's vivitrol, it blocks opioid receptors in the brain. it's a whole new treatment approach. to change medicine takes time. that's what we've been doing for the last several year. >> i want to talk about another one where people don't understand the value -- arastata, people who take drugs for schizophrenia after a couple months think they're better. they don't know. this changes that? >> what people don't realize who aren't around schizophrenia a lot is it's a chronic, progressive degenerative disease. so patients are often diagnosed in their early 20s. they'll go on medicines then often stop taking the medicines for the reasons as you said, the disease progresses. the power of the long-acting injectables, particularly one that's well tolerated, you can give an injection, you can know

the patient is getting the right amount of medicine, then a month later, two weeks, six weeks later yo later, you go back, get another injection. often patients don't take their medicine because they don't want to, they have disorganized thinking because of their disease. >> okay. i think that we have to talk about the flame-out that we mentioned earlier. a lot of people felt when that drug didn't work, that was the end. that was never the case. when i went through your releases, you did not say it was over. it's still on the go. where are the -- >> this is a drug we call 5461 for the treatment of depression. depression is a disease that's treated primarily with the same type of molecule all the time. the ssris. >> right. >> in of them work. millions of people don't get any response. this is based o on a new mechanism of modulating digit neurotransmitters in the brain. the problem with depression studies is that placebo patients in those studies almost uniformly get better. you take people, enroll them in a clinical trial, pay them

money, cede medical care and they start to get better. the distinction from placebo is the challenge. >> right. >> we're going to stick with it. most, every depression drug approved by the fda has failed mult. depression studies. we wanted to be smarter than that and avoid it. >> i want to be sure, last question, you could have stopped everything but you just believe. join got those end points, you could have said, listen, this is a dead end. you really believe this is going to happen. >> you've gotten to know us. you don't give up easily, do we? >> no, you certainly don't. that's richard pops. ceo of alkermes. let's hope the government recognizes the value of vivitrol. saves lives. stick with cramer.

it's time for the "your business" entrepreneur of the week. john grew up in his parents' grocery store but with competition from the big changes, galcos old world grocery could no longer compete. so now they don't. now they focus on one thing only. soda. they sell over 750 kinds. for more, watch "your business" sunday mornings at 7:30 on msnbc.

big decline in revenues good enough to get a stock going higher? tonight, apple. like to say there's always a bull market somewhere. i promise to fry to find it for you right here on "mad money." i'm jim cramer. see you tomorrow.

male narrator: tonight, on the "west texas investors club..." - my name's cary prewitt, and i started guns & oil beer. we are asking for $800,000 for 8% of our business. - you say this beer's for the working man? - yes, sir. - we are fixin' to find out. - cheers. - yeah! - i wouldn't even water the grass with this stuff. - i don't like you right now. - we are inventors of bandelettes - it's a fashion accessory with anti-chafing benefits. - every year, your business has doubled, if not tripled? - yes. - why are you here? [eagle cries] narrator: deep in the heart of texas two men carved a fortune from a harsh and unforgiving land. butch gilliam transformed a humble machine shop into an oil field supply company worth hundreds of millions.